2025: Caja Ahorros, Yappy Partner for Digital Banking Boost
Caja de Ahorros and Yappy Partner for Enhanced Digital Banking
Panama City – Caja de Ahorros is set to enhance its digital banking capabilities through a strategic alliance with Yappy, a leading digital payment platform. The collaboration aims to provide modern, accessible financial solutions to Caja de Ahorros’ extensive customer base and numerous government institutions.
Digital Transformation for Enhanced Customer Experience
Andrés Farrugia G., Gerente General of Caja de Ahorros, emphasized the bank’s commitment to digital transformation, stating that the alliance with Yappy reflects a vision to offer user-friendly products that improve the relationship between people and their money.
La transformación que estamos impulsando en Caja de Ahorros busca acercarnos aún más a nuestros clientes… Esta alianza con Yappy refleja esa visión: ofrecer productos útiles, fáciles de usar y que verdaderamente mejoren la relación de las personas con su dinero.
This partnership underscores the bank’s dedication to evolving with purpose, using technology to meet the changing needs of Panamanians.
Yappy’s Role in Expanding Digital Access
Yolianna Alfaro, Directora Comercial of Yappy, highlighted the significance of this collaboration in building a more inclusive payment ecosystem.
Estamos entusiasmados de sumar a Caja de Ahorros a nuestra red… El hecho de que Caja de Ahorros cuente con una amplia red de instituciones gubernamentales y clientes a nivel nacional representa una oportunidad única para dinamizar los pagos digitales en el país.
With over 1.6 million registered clients, Yappy’s integration with Caja de Ahorros will enable seamless digital transactions for a broader audience.
Streamlining Payments for Public Institutions
The alliance will also benefit the more than 55 public institutions that utilize Caja de Ahorros’ payment gateway. By integrating Yappy, these institutions can offer an additional payment method, streamlining transactions and improving convenience for citizens. This move is expected to significantly boost the efficiency of digital payments across various government services.
Accessibility and Future Availability
The new service is scheduled to be available starting in July 2025, following the completion of technical and operational stages. Caja de Ahorros customers can access the feature by downloading the Yappy application and selecting Caja de Ahorros within the platform. This integration will enable payments to over 36,000 businesses and facilitate money transfers to Yappy’s extensive user base.
Caja de Ahorros: A Leader in Banking Modernization
Caja de Ahorros, known as “El Banco de la Familia Panameña,” continues to solidify its position as a leader in financial innovation. With over 60 branches, a mobile branch, more than 300 ATMs, and over 300 Caja Amiga locations nationwide, the bank is committed to providing accessible and reliable services. This alliance with Yappy is a testament to its ongoing efforts to modernize and adapt to the digital demands of its customers.
The integration of Yappy into Caja de Ahorros’ services marks a pivotal moment for digital banking in Panama, promising enhanced convenience, security, and efficiency for customers and government institutions alike.
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